SOCAR opens new petrol station

SOCAR Romania has opened a new multi-purpose station in the area of Moldavia, according to a press release. The petrol station was opened in the city of Piatra Neamt, in the presence of local officials and SOCAR national management representatives. The filling station in Piatra Neamt is situated in the Gara Veche area, stands on a total of 3,900 sq m and was completed with an investment of over EUR 1 M. ‘SOCAR has so far invested over EUR 22 M in its retail network in North-Eastern Romania and now has a total of 235 employees. The new filling station in Piatra Neamt is the result of our company’s performance in the region of Moldavia as well as of SOCAR’s commitment in Romanian through massive investments in the local economy. We will continue to develop our petrol stations network in the North-East of the country, with filling points in Roman, Focsani, Buzau, Adjud and Bacau. We intend to open a second SOCAR station in Piatra Neamt this year,’ said Hamza Karimov, CEO SOCAR Romania. As for the company’s national expansion plans, Hamza Karimov, CEO SOCAR Romania says SOCAR’s investments in the retail network at a national level are growing. ‘Our planned budget this year is EUR 50 M. The investment plan, the number of petrol stations and the pace of nationwide growth in 2013 depend on how the fuel market performs in Romania as well as on the entire bureaucratic process of authorisation.’